In settlement with French publishers, Google promises $82 million fund and advertising help
February 3, 2013
Google has come to an agreement with French publishers who wanted the search giant to start paying them for linking to their content. “First, Google has agreed to create a €60 million [USD $82 million] Digital Publishing Innovation Fund to help support transformative digital publishing initiatives for French readers. Second, Google will deepen our partnership with French publishers to help increase their online revenues using our advertising technology.” Google won’t pay for links, however.
In settlement with French publishers, Google promises $82 million fund and advertising help Google to pay 60 million euros into French media fund (Reuters)